Analysis and Data

Nigeria Stock Exchange

NSE resumes April trading with 0.94 per cent loss

The All-Share Index (ASI) dipped199.93 points or 0.94 per cent to close at 21,100.54, compared with 21,300.47 on Tuesday.

ANRP Chairman, Tope Fasua

INTERVIEW: Nigeria heading towards economic depression, not recession – Fasua

“Where is the plan from the Nigerian government? We are not thinking at all. Perhaps, we do not have the intellectual capacity to do that. Everybody is hiding now from coronavirus.”

Nigerian Economy

ANALYSIS: Saving the Soul of the Naira

A proactive measure needs to be enacted with great caution to effectively tame the dwindling force behind the soul of naira.

Paul Alaje

ANALYSIS: COVID-19: The vampire That Sucks Economic Vitality

The reality of COVID-19 is beyond health implications, as economic implications also abound.

President Muhammadu Buhari and Vice President Yemi Osinbajo

ANALYSIS: Nigeria and The Kiss Of Debt (2)

The author suggests how the Nigerian government can fund infrastructure and growth without going deeper into debt.

Selected Africa Countries Debt Profile. [PHOTO CREDIT: Source: IMF dataset, SPMProfessionals]

ANALYSIS: Nigeria and the Kiss of Debt (Part 1)

The total spending on debt servicing is far more than the combined budgets for education, healthcare and water resources within this period of 2015-2019.

Nigeria Stock Exchange

Profit taking: NSE market indicators down by 0.35 per cent

The All-Share Index (ASI) decreased by 101.13 points or 0.35 per cent to close at 28,432.27 against 28,533.40 recorded on Monday.

Mining site used to illustrate the story.

ANALYSIS: Shady practices by registered mining companies cost Nigeria billions of Naira

Six states in Nigeria have been identified as the top destinations for the illegal mining of solid minerals in the country.

Central Bank of Nigeria (CBN)

How Nigerian banks can increase Loan to Deposit Ratio while minimising risk

The loan-to-deposit ratio (LDR) is used to assess a bank’s liquidity by comparing a bank’s total loans to its total deposits for the same period.

INTERVIEW: 60% of NEXIM’s strategic plan is to promote intra-African trade – MD

“Through our bank’s intervention, one of the companies we funded did the first major export of shea butter out of Nigeria in 2018.”

Godwin Emefiele

Central Bank retains loan deposit ratio at 65%

The apex bank said it would continue to monitor compliance, review market development and make further alterations in the LDR as it deems appropriate.

Naira Notes

NSE market capitalisation gains N417bn, amid increased positive sentiments

The market closed positively with 37 gainers and 11 losers.

Electricity Meter

The new electricity tariffs and percentage hike by NERC for all categories of consumers, 11 DISCOs

The price hike affects all categories of consumers

Oloibiri Oil Field

ANALYSIS: Nigeria LNG Train 7: Little step with giant global significance

With over $10 billion to be invested, officials say the project will boost foreign direct investment (FDI) in the country.

Federal Inland Revenue Service HQ Abuja

ANALYSIS: Nigeria’s 2020 tax outlook and the tasks before new FIRS Chairman

Nigeria slipped two points to 159 from 157 in its Ease of Paying Taxes.

Minister of State for Budget and National Planning, Zainab Ahmed. [Photo credit: Guardian Nigeria]

Seven taxes Finance Bill 2019 amends, how they affect Nigerians

As more revenue accrues into government treasury, Nigerians will have to spend more than they have been spending.

Mary Uduk, Acting Director-General of SEC. [Photo credit: CNBC Africa]

INTERVIEW: What we’re doing to increase interest of Nigerians in capital market – SEC DG

Electronic offering will check unclaimed dividend issues, others, says acting SEC DG.

Nigeria Stock Exchange

Yuletide: NSE market capitalisation shed N143 billion

The market capitalisation which opened at N12.877 trillion closed at N12.734 trillion.

China on map

FACT-CHECK: Was Nigeria’s Per Capita Income twice that of China?

Nearly three decades ago, the average Nigerian had as much as double the amount the average Chinese had.

Zenith Bank Plc headquarters

Zenith Bank lifts trading on NSE with 357.23 million shares

The worth of Zenith Bank shares was N6.18 billion.

In what is clearly a brutal assault on free speech, Omoyele Sowore was arrested.

ANALYSIS: RE: FG To Drag Judge Before The NJC For Granting Sowore Bail

”We believe the story is also calculated to justify the unwarranted and irresponsible disobedience of the court order granting Omoyele Sowore bail, pending the time he may be arraigned in court in respect of the Charge/Information said to have been filed against him.”

A private filling station used to illustrate the story.

Average price for kerosene, diesel, petrol rose in August – NBS

The bureau lists states with the highest and lowest average price for the refilling of a 5kg cylinder of LPG.

Director-General, Debt Management Office, DMO, Patience Oniha

Nigeria govt. to auction N150bn bonds September 25

The DMO says units of sale is N1, 000 per unit, subject to a minimum subscription of N50 million.

Saudi Arabia

How do the Saudi attacks affect Nigeria?

The Iran-backed Houthi militia in neighbouring Yemen, have taken responsibility for the attack in Saudi Arabia.

Debit Cards

How to protect your Debit Card from fraud

Many pay for their online transactions with their debit cards.